Titan Engineering & Automation Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
- Paid Up Capital ₹ 47.05 Cr
- Company Age 9 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 225.00 Cr
- Satisfied Charges ₹ 100.00 Cr
- Revenue Growth 8.35%
- Profit Growth -48.42%
- Ebitda -34.39%
- Net Worth -2.04%
- Total Assets 7.19%
About Titan Engineering & Automation
Titan Engineering & Automation Limited (TEAL) is a Public Limited Indian Non-Government Company incorporated in India on 24 March 2015 (Nine years and ten months 29 days old ). Its registered office is in Krishnagiri, Tamil Nadu, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 47.05 Cr.
The company currently has active open charges totaling ₹225.00 Cr. The company has closed loans amounting to ₹100.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Titan Engineering & Automation Limited India are Balamurugan Balasubramanian as CFO and Sagiga Gokul as Company Secretary. Ashok Sonthalia, Sridhar Neelakanthan, Kailasanathan Narayan, and Four other members serve as directors at the Company.
Company Details
- Location
Krishnagiri, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U33111TZ2015PLC021232
- Company No.
021232
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Mar 2015
- Date of AGM
31 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
What products or services does Titan Engineering & Automation Limited offer?
Titan Engineering & Automation Limited offers a wide range of products and services, including Optical, Laser Instruments & Devices, Visual Inspection Equipment, Testing & Measuring Equipments, Test Rig.
Who are the key members and board of directors at Titan Engineering & Automation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sridhar Neelakanthan  | Managing Director | 01-Aug-2024 | Current |
| Balamurugan Balasubramanian | CFO | 28-Apr-2023 | Current |
| Sagiga Gokul | Company Secretary | 07-Nov-2019 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subramanyam Gopal | Director | 01-May-2024 | Current |
| Ashok Sonthalia | Director | 27-Apr-2021 | Current |
| Kailasanathan Narayan | Director | 03-May-2017 | Current |
| Venkataraman Coimbatore | Director | 12-Jul-2019 | Current |
| Suparna Mitra | Director | 12-Jul-2019 | Current |
| Sanjeev Sharma | Director | 31-Oct-2022 | Current |
Financial Performance of Titan Engineering & Automation.
Titan Engineering & Automation Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 8.35% increase. The company also saw a substantial fall in profitability, with a 48.42% decrease in profit. The company's net worth dipped by a decrease of 2.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Titan Engineering & Automation?
In 2022, Titan Engineering & Automation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Titan Company LimitedVenkataraman Coimbatore is a mutual person
Skf India LimitedSubramanyam Gopal is a mutual person
Mercy For Animals India FoundationVenkataraman Coimbatore is a mutual person
Abb India LimitedSanjeev Sharma is a mutual person
Abb Global Industries And Services Private LimitedSanjeev Sharma is a mutual person
- Abb Business Services Private Limited
Sanjeev Sharma is a mutual person
Charges (Loans)
₹225.00 Cr
₹100.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 115.00 Cr
- Others : 110.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2023 | Others | ₹110.00 Cr | Open |
| 23 May 2023 | Axis Bank Limited | ₹115.00 Cr | Open |
| 24 Nov 2017 | Canara Bank | ₹15.00 Cr | Satisfied |
| 19 Aug 2017 | Standard Chartered Bank | ₹85.00 Cr | Satisfied |
How Many Employees Work at Titan Engineering & Automation?
Titan Engineering & Automation has a workforce of 1130 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Titan Engineering & Automation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Titan Engineering & Automation's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
